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December 20, 2018 in Company News

$500M and 1.2B Cars: Cambridge Mobile Telematics Talks SoftBank Deal

Ask Cambridge Mobile Telematics cofounder Hari Balakrishnan about the $500 million his business raised from SoftBank’s Vision Fund and he’ll bring up two bigger numbers: 1.2 billion and 875 million.…
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December 19, 2018 in Company News

SoftBank just invested $500 million in a Cambridge company

Boston Globe
Scarcely a day goes by in Boston’s technology sector without a promising company raising what in most businesses would be a monumental sum. Tens and sometimes hundreds of millions fly…
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December 19, 2018 in Company News

Cambridge Mobile Telematics Raises $500M from the SoftBank Vision Fund

Investment will accelerate the adoption of CMT’s DriveWell platform
Fuels product and market expansion across the company’s insurer and safety solutions
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Cambridge Mobile Telematics (CMT), the world’s leading mobile telematics and analytics provider, has secured a $500 million investment from the SoftBank Vision Fund. This investment will accelerate the adoption…
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